Karimi & Associates Law Firm represents according to Reuters:
Lawyers wrote for New York and other states in a filing to the U.S. Court of Appeals for the District of Columbia that Facebook is a monopolist that has exploited its immense market power to crush competition. Through an ongoing course of conduct to ‘buy or bury’ nascent competitors, Facebook has maintained a monopoly that harms its users and the public at large.”
Facebook owner Meta Platforms Inc said the states were wrong to ask for the district court dismissal to be reversed. A Meta spokesperson said in a statement “There are no grounds for overturning that decision in the court of appeals.”
The group, made up of 46 states, Guam and the District of Columbia, argued that U.S. District Judge James Boasberg of the District of Columbia erred in ruling they had waited too long to file the lawsuit.
Both the FTC and the states had asked the court in 2020 to order Facebook to sell Instagram, which it bought for $1 billion in 2012, and WhatsApp, which it bought for $19 billion in 2014.
The lawsuits followed years of investigation of the four biggest U.S. tech giants, as well as lawsuits against Facebook and Alphabet Inc’s Google.
